US ends penny production—the United States is officially closing the book on the one-cent coin after more than two centuries in Americans’ pockets and piggy banks. The Philadelphia Mint is striking the final batch of circulating pennies, capping a 230-plus-year run that began in the early republic and evolved through countless designs, metals, and cultural…
House vote to end US shutdown: what could still derail the deal House vote to end US shutdown. That’s the phrase echoing through Washington this week as Congress races to finish what the Senate started: passing a funding measure to reopen the federal government after the longest shutdown in US history. The Senate has already…
Trump new tariffs are here—again—and the scale is striking. From 1 October, the White House says it will impose a 100% tariff on branded or patented pharmaceutical imports unless the company is already building a manufacturing facility in the U.S. At the same time, it will slap a 25% import tax on all heavy-duty trucks,…
Starbucks store closures are at the heart of a sweeping reset: the coffee giant will shutter hundreds of underperforming locations (mainly in North America), eliminate about 900 US non-retail roles, and close some UK stores—even as it still plans to open 80 new UK shops and 150 across EMEA this fiscal year. The moves form…
TikTok child data protection is at the center of a sweeping Canadian privacy investigation that found the platform’s safeguards for minors inadequate and its collection of children’s personal data overly intrusive. Canadian privacy officials say hundreds of thousands of children are on TikTok annually despite the company’s stated age minimum of 13, and that the…
Trump Xi TikTok deal In a phone call that both capitals billed as “productive,” US President Donald Trump said he and China’s President Xi Jinping approved a framework for a deal to keep TikTok operating in the United States—setting the stage for an in-person meeting at the APEC leaders’ summit in South Korea at the…
UK AI superpower : That is the phrase dominating Westminster and Silicon Roundabout after a wave of headline investment pledges from the world’s biggest technology companies. During U.S. President Donald Trump’s second state visit to Britain on 16–17 September 2025, London and Washington unveiled a “Tech Prosperity Deal” that UK ministers say could turbocharge growth,…
In a striking move that could reshape the landscape of the American technology industry, the US government is reportedly in talks to acquire an equity stake in Intel Corporation. This development follows closely on the heels of President Donald Trump’s call for Intel CEO Lip-Bu Tan to step down due to his past investments in…
In a significant development that could reshape the global oil market landscape, OPEC+, a coalition of oil-producing nations including Saudi Arabia and Russia, has decided to increase oil production starting September. This move comes amidst threats from former U.S. President Donald Trump to impose tariffs on Russian crude buyers, adding layers of complexity to an…
Introduction After a spike in car purchases driven by fears of impending tariffs, the US automotive market is experiencing a notable slowdown. Major car manufacturers such as Ford, GM, and Volvo are facing substantial financial challenges due to tariff-related costs and a general decline in consumer spending power. This downturn has important implications for the…
